Press Releases
Biological Safety Testing Market Growth and Sales Forecast 2016 - 2024

, 17 April 2019 -- Biological Safety Testing Market Review with Forecast Research Report 2016 - 2024

Global Biological Safety Testing Market: Snapshot

The global market for biological safety testing is set to exhibit exponential growth in the years to come owing to rise in the pharmaceutical and biotechnology industry. The other factors that will drive the market include increase in geriatric population, increase in prevalence of cancer, and increasing awareness towards health in emerging economies. The North America biological safety testing market is expected to grow moderately during the first half of the forecast period, primarily due to the effect of the expiry of patents for leading brands and price erosion in the market. However, by 2020, entry of technologically advanced and more cost effective devices and reagents are expected to enter biological safety testing market, which are likely to increase future growth of the market.

View Report:

The global biological safety testing market will expand at a CAGR of 10.0% over the forecast period between 2016 and 2024. Driven by the rise in increase in technological advancement and rising geriatric population, the market is expected to reach US$ US$3.08 bn by the end of 2024, from US$1.31 bn in 2015.

Launch of Advanced Technologies by Leading Companies to Fuel Demand from Reagents & Kits Segment

Based on product type, in 2015, the instruments segment held the dominant share of over 29.2% of the global biological safety testing market. This segment comprises biological safety cabinet (class I, class II, class III), autoclaves, laboratory centrifuges, and others. The segment is expected to witness a moderate growth during the forecast period when compared to the reagents & kits segment. The high growth of the kits segment is due to the increasing popularity and launch of more efficient technologies and newer instruments which are in pipeline by companies such as Charles River Laboratories International, Inc., Thermo Fisher Scientific and Merck KGaA.

Request a Brochure of the Report @

The global biological safety testing market by application is divided into vaccines & therapeutics, blood & blood products, tissue & tissue products, stem cell products, gene therapy, and cellular therapy. Vaccines & therapeutics and blood & blood products are the major shareholder in biological safety testing market with an aggregated share of approximately 52.7% in 2015.

Based on test type, the global biological safety testing market is segmented into endotoxin tests, sterility tests, cell line authentication and characterization tests, bioburden tests, residual host contaminant detection tests, adventitious agent detection tests, and other tests (toxicity tests, stability tests, etc.). The endotoxin tests and sterility tests market have a dominant share in the market due to the increasing awareness and implication of stringent regulatory scenario.

North America Emerges as Leading Market, followed by Europe

Regionally, the global biological safety testing market has been segmented into North America, Europe, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, North America accounted for major share of 42.2% in the global market in 2015, followed by Europe. Asia Pacific is the fastest growing market but Latin America is expected to emerge as a lucrative region due to increasing awareness, increasing participation of global manufacturers in the region to increase their global foot print and increase in healthcare expenditure through government initiatives, the industry will enhance the demand for biological safety testing system in this region.

Others factors supporting the market’s growth are flourishing pharmaceutical and biotechnology companies in Mexico and Brazil, which are creating lucrative prospects for the biological safety testing market in the region. The MEA biological safety testing market is expected to grow under the influence of increasing applications of these technologies and enhanced participation of the respective governments to promote academic research to improve these technologies.

Request a Sample of the Report @

Some of the leading players in the biological safety testing market are Thermo Fisher Scientific Inc., Charles River Laboratories International, Inc., Merck KGaA, Lonza Group, Avance Biosciences, SGS SA, WuXi PharmaTech (Cayman) Inc., Toxikon, Inc., Nordic Scientific & Natural Solutions AB, Paragon Bioservices, Inc., and NuAire among others.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

# # #

Submitted by hawer on Wednesday, 17 April 2019 at 9:38 PM
Category: Health Care & Medical
Related News

Phototherapy Equipment Market - Growing Uptake of CFL to Boost Market Growth
Thursday, 20 Jun 2019

Healthcare Automation Market: Rising Clinical Research Activities to Bolster the Demand of the Marke
Thursday, 20 Jun 2019

Cell Expansion Market - Key Players Keen on Tapping into the Opportunities in the Emerging Economies
Thursday, 20 Jun 2019

Marine Derived Drugs Market Developments, Growth and 2016 – 2024 Forecast Research Study
Wednesday, 19 Jun 2019

Autoimmune Treatment Market Key Report 2014 and Future Opportunity Assessment 2024
Wednesday, 19 Jun 2019

Related Events

2nd Journal of Thermal Analysis and Calorimetry Conference
Tuesday, 18 Jun 2019

Vestibular Schwannoma Conference 2019
Wednesday, 19 Jun 2019

Biomarkers And Diagnostics for Complex And Rare Diseases
Wednesday, 19 Jun 2019

2nd International Public Mental Health Conference
Wednesday, 19 Jun 2019

III World Congress and VI International Congress on Dual Disorders ICDD2019
Wednesday, 19 Jun 2019

Latest News

Phototherapy Equipment Market - Growing Uptake of CFL to Boost Market Growth
Thursday, 20 Jun 2019

Healthcare Automation Market: Rising Clinical Research Activities to Bolster the Demand of the Marke
Thursday, 20 Jun 2019

An Insight of common types of roofing systems
Thursday, 20 Jun 2019

Cell Expansion Market - Key Players Keen on Tapping into the Opportunities in the Emerging Economies
Thursday, 20 Jun 2019

Sex Dating Online - The Way to Hook With Ladies of All Ages
Wednesday, 19 Jun 2019

Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Thursday, 20 June 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Consumer Technology
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
News & Media
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!

Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.

  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.

  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • ESPNIC 2019
  • Palo Alto Networks: Security Simplified - Enterprise Security Series
  • 2nd Journal of Thermal Analysis and Calorimetry Conference
  • EPHJ-EPMT-SMT Trade Show
  • Palo Alto Networks: May - Palo Alto Networks Heads-up

  • Latest Jobs
    Sorry, there are currently no entries posted here.